Call report 2020Q2
VERABANK, NATIONAL ASSOCIATION — 2020Q2
The 22 measures VERABANK, NATIONAL ASSOCIATION reported to the FFIEC for 2020Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 2,840,927,000 | USD | evidence → |
| Total loans | 1,560,041,000 | USD | evidence → |
| Allowance for loan losses | 24,171,000 | USD | evidence → |
| Securities available for sale | 683,179,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 2,500,365,000 | USD | evidence → |
| Interest-bearing deposits | 1,735,612,000 | USD | evidence → |
| Noninterest-bearing deposits | 764,753,000 | USD | evidence → |
| Equity capital | 315,433,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 47,547,000 | USD | evidence → |
| Interest expense | 5,054,000 | USD | evidence → |
| Net interest income | 42,493,000 | USD | evidence → |
| Noninterest income | 16,384,000 | USD | evidence → |
| Noninterest expense | 33,256,000 | USD | evidence → |
| Provision for loan losses | 7,864,000 | USD | evidence → |
| Pretax income | 19,925,000 | USD | evidence → |
| Income tax | 3,984,000 | USD | evidence → |
| Net income | 15,941,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 254,248,000 | USD | evidence → |
| Total capital | 275,908,000 | USD | evidence → |
| Risk-weighted assets | 1,729,793,000 | USD | evidence → |